GERMANY AND AUSTRIA TO TAP OIL RESERVES AFTER 400 MILLION BARRELS REQUESTED. (PHOTO).

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 Germany and Austria to tap oil reserves after 400 million barrels requested  Germany and Austria announced they are releasing portions of their oil reserves in response to an International Energy Agency request for member nations to collectively release 400 million barrels to help ease rising energy prices linked to the Iran conflict. Japan also said it will begin releasing part of its reserves starting Monday. The move marks one of the largest coordinated releases of emergency oil stocks in history. The previous record came in 2022, when IEA members released 182.7 million barrels following the energy disruptions caused by Russia’s invasion of Ukraine. Member countries currently hold over 1.2 billion barrels of public emergency oil stocks, along with an additional 600 million barrels of industry stocks maintained under government requirements. The release comes amid heightened tensions in the Persian Gulf, where Iran has targeted commercial ships and disrupted shipping throug...
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KANO APC NULLIFIES GANDUJE'S SUSPENSION, SANCTIONS WARD LEADERS.(PHOTO).

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 Kano APC nullifies Ganduje’s suspension, sanctions ward leaders


State Working Committee of the Kano chapter of the All Progressive Congress, on Monday, sanctioned some ward party leaders who earlier suspended the National chairman of the party, Umar Abdullahi Ganduje.


Leaders in Ganduje’s ward in Dawakin Tofa Local Government had earlier on Monday suspended the APC national chairman.


But in a swift counter action, the party’s local government officials thwarted Ganduje’s suspension and sacked those behind it.


The APC Dawakin Tofa Local Government Chairman, Inusa Dawanau, alleged that those behind Ganduje’s suspension were caught in anti-party activities, adding that evidence of their meetings with the opposition had been exposed.


State Working Committee of the party while adopting the suspension of the ward APC leaders, said they have sanctioned the masterminds for six months.


It added that a special investigations panel has been set up to verify several allegations against them.


Kano APC Chairman, Abdullahi Abbas, said the decisions of the LG party leaders have since been adopted.


Abbas said, “We have evidence of meetings between the state government officials and those that suspended the National Chairman. The state working committee has agreed to sanction them for six months and they stand now suspended.”


But one of the accused ward party men against Ganduje, Halliru Gwanjo explained that they decided to suspend the APC national chairman due to the bribery allegations levelled against him by the Kano State Government.

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